News

Our editors gather news and press releases from around the world to bring our community the latest developments in the valve and actuation industry. Here you can find news involving the people and companies involved in the design, manufacturing, supply, maintenance and use of industrial valves and actuators. We focus both on engineered products as off the shelf products.
If you wish to include your news items and press releases in our publication, email newsletter or on our website please feel free to contact the Editor.

Chevron suspends drilling offshore Brazil

Chevron Corp has reported that while its subsidiary, Chevron Brasil Upstream Frade Ltda., has not received formal notice from Brazil's National Petroleum Agency (ANP) suspending its drilling license, the company has voluntarily suspended its current and future drilling operations, offshore Brazil.

Statoil and partners to explore offshore Newfoundl

Chevron Canada and Repsol E&P Canada partnering with Statoil have successfully bid for exploration rights on two land parcels in the Flemish Pass Basin, offshore Newfoundland and Labrador, Canada. Statoil already has a presence in the area, at its Mizzen discovery in the Flemish Bass Basin east of the new parcels.

Safer subsea wellhead being developed

Plexus Holdings is partnering with four major oil and gas companies to develop and commercialise a new and safer subsea wellhead, HGSS. Consulting partners included in Plexus’s Joint Industry Project are Maersk Oil North Sea UK, Shell International Exploration and Production, Wintershall Noordzee, and oil and gas technology solution consultancy SafeKick.

FMC sets deepwater completion record

The enhanced vertical deepwater tree (EVDT) system from FMC Technologies recently set a new deepwater completion record of 9627 feet at the Shell-operated Tobago field, part of the Perdido development located in the Gulf of Mexico.

New 3 valve block manifold

The new Series BBV-1 Block Manifold from the W.E. Anderson Division of Dwyer Instruments can be used over a broad range of industrial applications including oil refineries, nuclear power stations, petrochemical processing, and more.

Velan awarded Chinese nuclear valve contracts

In a contract worth $16.2 million, Velan SAS, Velan Inc.'s wholly owned subsidiary located in Lyon, France, has been selected by CNPE (China Nuclear Power Engineering Co, Ltd.) and as a result, the CNEIC (China Nuclear Energy Industry Corporation) awarded an important contract to Velan for the supply of nuclear-classified gate and globe valves for the two new nuclear power plants of FuQing Units 3 and 4 located in Fujian province, China.

Fluor Named to top Companies for Leaders list

Fluor Corp was recently named to the 2011 list of North American Top Companies for Leaders. Conducted by Aon Hewitt in partnership with The RBL Group, and FORTUNE, the Top Companies for Leaders list is the most comprehensive study of organizational leadership in the world.

New HART software released

Dwyer Instruments recently released of its new model DEVCOM2000 Hart Communication Protocol software which turns a PC into a full featured HART communicator. Now it is possible to configure transmitters and control valves at the desktop or in the field.

Nebraska lawmakers vote to reroute XL

  TransCanada Corp has stated it supports proposed legislation within the State of Nebraska to reroute the Keystone XL pipeline project to avoid sensitive aquifers.

New Siemens facility in Charlotte, NC

Siemens is continuing to expand its worldwide network of gas turbine manufacturing facilities. The company has invested more than $350 million in a 42,000 sq/m plant in Charlotte, North Carolina, creating 700 new jobs.